Buying a pre-construction house is RISKY, but....

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Potato Talkies

Potato Talkies

Күн бұрын

We talk about risks associated with pre-construction houses and what we did to mitigate and minimize each one of them.
Get in touch with our mortgage broker (Vik)
www.potatotalk...
Complete house buying series: • Buying a pre-construct...
Disclaimer: These videos are our personal views and opinion, they should NOT be considered as legal advice. We are not affiliated with any government organization or division. We assume no liability for how the information on this channel is used or interpreted and hence take no responsibility for any decisions that is made with regards to your application based on the information shared on this channel.
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Пікірлер: 270
@srivasulaladi5681
@srivasulaladi5681 3 жыл бұрын
Plzz make a videos in English u guys r having lot of fans from south India as well. So we can also understand if u make a videos in English
@nikhilb666
@nikhilb666 3 жыл бұрын
Hey Guys Going great
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😀
@madhav123sharma7
@madhav123sharma7 3 жыл бұрын
Congrats both of u 🙏🏻 agar mere itne paise hue mai to thide se ur daal k India nikal lunga 😂😂😂
@sauravmdjr
@sauravmdjr 3 жыл бұрын
For pre construction house you need to consider the extra rent you are paying before closing and moreover there is other costs e.g. fencing, deck, appliances which will not be there in pre construction.
@parashuramdevji
@parashuramdevji 3 жыл бұрын
Same same , sardarji with black colour pagri and ma'am with noodle hair,god bless you both, this video regarding the loop holes of home buying was really knowledgeable, thanks
@Potatotalkies
@Potatotalkies 3 жыл бұрын
🤗🤗🤗
@TheRaimaxr
@TheRaimaxr 3 жыл бұрын
Seems Canada job market is very dibbly dobbly not aware of that but as people says these days risk hai toh ishq hai 👍
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀😀
@reachamitsethi
@reachamitsethi 3 жыл бұрын
I would like to flag one important thing that is a Canadian resident cannot get the same fixed deposit interest as a resident in India due to change in status. He has to keep his money in a NRE account where the interest is much lower. So, when you shift to Canada, carry your funds along.
@ashwinraghunath4453
@ashwinraghunath4453 3 жыл бұрын
Thanks a lot, very helpful!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Yes! True.. thanks 👍
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
Simply put, you guys are in deep shit. I own multiple properties in downtown Toronto., and can tell you from experience you have taken "serious" risk so much earlier. Your realtor has not been very transparent from the word go.
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
@Ali Gee when it comes to Real estate Location is the key. Second townhouse is the last thing which will appreciate. Things in 2 years don't remain the same. What you see is not what you may get. If you don't qualify for mortgage you are in serious trouble. B Lenders can bring big trouble. There was no point in taking a plunge that soon and losing your peace of mind for next 2 years for not much sought after property.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
I dont see any new points here Rahul.. I already know this, and laid these points quite comprehensively in this video. There is no point of being rude or dismissive about this, when we already started the video on the premise that it is risky and not for everyone. Moreover, pointing problem and holes is easy - give me a solution for the scenario where the property prices will continue to increase next 2 years and I lose sleep later thinking I had the chance in 2020 :) I am a glass half full kind of guy and not new to investing, but I respect your opinion - its a more conservative approach, which most people would like 👍
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
@@Potatotalkies I don't mean to be rude. I think its a serious business, where caution and commonsense must be exercised by anyone taking a plunge in real estate, more so when one is new and settling down. People who are knowledgeable get to see the impeding Risks clearly when doing their "research". A real estate broker is well informed to advise their clients, clearly which seems to have not happened here and who seems to have been sold a story. Sorry to say, while being candid, I would not suggest anyone taking your route so early when there are many unknowns and compromises to be made.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@MrRahulBerry appreciate that 👍
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
@@Potatotalkies I wish you both all the best and hope things go your way. While being an Indian, I am also an Australian/Canadian citizen and hold multiple properties in both countries. So, I wanted to share my thoughts as honestly as possible (I understand sometime things always don't sound diplomatic when one is driving the facts). But good work on your part.
@sujayyerwa
@sujayyerwa 3 жыл бұрын
You guys could become good project managers the way you showcase the planning and risk management done by you 😂😂🤪
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Hehe.. thanks 😊
@priyankaghosh8022
@priyankaghosh8022 3 жыл бұрын
Thank you both, your suggestions are very useful. I am also in the same boat and wondering if you can please help me with some details like - 1. Which areas are better at Kitchener /Cambridge for buying a home. My budget is within 650K(3bed if possible and excluding condo) 2. Any link which can be helpful for my search and to know how people commute to downtown (if you don't have car)
@Potatotalkies
@Potatotalkies 3 жыл бұрын
I would recommend you to see other videos in this series. We covered all of this :)
@neetneet4733
@neetneet4733 3 жыл бұрын
You guys are one of my favorite utuber. You are delivering accurate and good pieces of information. I just love.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
🤗🤗🤗
@apurvpatel2962
@apurvpatel2962 3 жыл бұрын
Great informative video!!! You might know that Chatty and Scatty are doing a house series too. A collab between yours and their channel would be a perfect culmination to this topic. What do you think?
@yuvankaushik7259
@yuvankaushik7259 3 жыл бұрын
Your risk analysis skills and explanation of the same is amazing 😍👍👍keep sharing your experience
@Ivandrago89
@Ivandrago89 3 жыл бұрын
you Potatoes are Gap FREAKS. Kuch to garbar hai Daya 🤙 Gr8 video as always!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Haha.. thanks! 😀
@shivams6494
@shivams6494 3 жыл бұрын
In Toronto/GTA i don’t believe that the real estate market will suffer too much. I wouldn’t predict a crash (which can be upwards of a 30% decrease in home values), but worst case scenario maybe a housing price correction which would alter the prices by around 7-10%
@tkogill5820
@tkogill5820 2 жыл бұрын
Still growing strong. Worst case scenario is actually a appreciation of 10 percent
@shivams6494
@shivams6494 2 жыл бұрын
TkO Gill yeah 1 year after that comment I can say their up at least 30% on the total value (probably 3-4x their deposit)
@akshaykalenta
@akshaykalenta 3 жыл бұрын
Sir and ma'am please share your hongkong journey ☺️
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Sure thing 😀👍
@ankitaahuja111
@ankitaahuja111 3 жыл бұрын
I have a question: since you are living on rent and paying around 2k per month, so you will be incurring 42k in rent which can be saved if you have bought a newly built resale house (5-10 year old).?
@harryvancityjatt6482
@harryvancityjatt6482 3 жыл бұрын
What's the question lol What they don't save is paying property tax, insurance, maintenance and upkeep which can be pretty expensive specially tax
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Yup.. totally agree with Harry. If you do the calculation.. all the things that don't go towards principle of the house add up to $1800 minimum (incl interest on mortgage) - so, we are happy to pay the rent to save a little more on downpayment + renting is hassle free when you are busy working 15 hours a day in building a business.. which we really want to.
@tarajatt6734
@tarajatt6734 3 жыл бұрын
@@Potatotalkies Ankita has a valid point. Right now the throw away money (if you would like to call it that) is 1900 rent + utilities. If you get a house right now, Assuming same budget as you showed in last video, your Principal and Interest is 2495 and including Tax, Insurance, utilities it becomes 3249. Now the only non-throwaway part of your mortgage will be the principal you will be paying which comes out to be 1513 out of 2495 mortgage payment (simple amortization), so that bring the throwaway to be (3249-1513) 1736$, and keeping in mind your 3249 already includes utilities, it still beats your current throwaway amount of 1900+ utilities. So mathematically you still come ahead buying now assuming all numbers from your last video. Again, maintenance is an unknown, you could very well have a flooded basement which needs 10k to fix on day one , or have an incident free year and that will hold true for any house you buy whether now or in future.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Agreed... this is not for everyone... like we said in the first video, we do not have the time to maintain a big house right now... :) so, happy to trade $200 / month for hassle free living while we build our life or business - thats $5000 over 2 years - pretty cheap :) Plus, I am a firm believer in my rule of 35 :) so can't afford to spend $3249 on the house leaving less money to invest into an actual income generating asset... primary house will always be a liability - because you would always need one to stay in.. even if it appreciates and you sell, so will the next one you buy :)
@tarajatt6734
@tarajatt6734 3 жыл бұрын
@@Potatotalkies This is the good thing in your case, you have a clear plan and set priorities. Good for you and all the best!
@crazytandons
@crazytandons 3 жыл бұрын
U r the first person who is giving 100% correct information...God bless you both
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 🤗🤗
@ruchirapatkar6594
@ruchirapatkar6594 3 жыл бұрын
ON has declared a state of emergency. Under this all constructions are prohibited. Will this affect pre construction projects ?
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Maybe.. not sure! Our construction was not going to start until April 2022.. :)
@ruchirapatkar6594
@ruchirapatkar6594 3 жыл бұрын
@@Potatotalkies true. Thanks for all the information that you guys give through your videos. It’s very helpful. Keep up the great work. PS:- I have already subscribed to your Chanel!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@ruchirapatkar6594 thanks 🤗🤗
@tahanyusraart901
@tahanyusraart901 3 жыл бұрын
Hi Navjoot and Simran ,how are you both? I have a big question....please help me with it...... In Jan 2020, I had a chance to visit Canada on TRAVEL VISA. I did this processing through an agent . The agent by MISTAKE wrote that I NEVER WORKED in my travel profile, as I was not working in 2019 and 2020. However I worked in Dubai from 2014 till 2018. Now I wanna apply for EXPRESS ENTRY......can I include my past experience in my EE profile.... my travel profile and EE PROFILE wouldn't match. Will they cross examine my past travel visa profile with my new EE profile? Please help me.....
@kritikahitkari8036
@kritikahitkari8036 3 жыл бұрын
Can me buy pre construction houses if we not staying Canada and non-pr?? If yes please explain us process and hidden cost if any
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
Yes you can as a foreign national. You just pay additional 15% I believe over the price (Government levy).
@ru50066
@ru50066 3 жыл бұрын
Really like your videos..we are also looking for pre construction houses in kitchener..can you list some good builders..I remember seeing that list somewhere in your video but can’t find out
@amanlayal
@amanlayal 3 жыл бұрын
Can we buy a new construction just for investment purpose in Canada being on work permit ?
@chiefengineeramitarora1670
@chiefengineeramitarora1670 3 жыл бұрын
Amazing analysis... downloaded and saved the house buying series to get a good hang of whatever you said and discussed . The calculator is additional star of the series ⭐️ 👍🏻 would love to meet you guys in person
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you Amit 😀👍
@canadastorizz
@canadastorizz 3 жыл бұрын
Amazing video! Keep it up. Always an inspiration
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 🤗 I messaged you on insta.. do check it out :)
@nowfalrishwaan6833
@nowfalrishwaan6833 3 жыл бұрын
Uncle& aunt! can't we buy land and build a house of our own like we do in India!!!
@REVIEWSONTHERUN
@REVIEWSONTHERUN 3 жыл бұрын
Nice video. Thank you for sharing it. ✌️
@arjunkumardhungel2352
@arjunkumardhungel2352 3 жыл бұрын
Please,continue that s series more Cover other expect of property buying also. Thank you very much for your research. Keep informing more.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀👍
@SukhdeepSingh-su4df
@SukhdeepSingh-su4df 3 жыл бұрын
Good information my both sons in Canada they r on work permit u give me more knowledge for their future so god bless you both.
@abhishekdandona8014
@abhishekdandona8014 3 жыл бұрын
Good Video, but now I feel kind of scared to come to Canada
@mrsmashh
@mrsmashh 3 жыл бұрын
Video👌, info👌, planning 👌, but I'm unable to do the math with 1.3 and 2% thing😭
@madhav123sharma7
@madhav123sharma7 3 жыл бұрын
pvt jobs m dar lgta h loan lene m
@germaineboatwala-sidhva1079
@germaineboatwala-sidhva1079 3 жыл бұрын
You guys are superb in your information packed vlogs! Depth of information clearly relayed. Every country has these twists and turns to get a house! And rules change faster than fashions. Good luck for your new home! 😊
@smile93
@smile93 3 жыл бұрын
Could you guys plz make a video on how a pr holder can start a new career in canada and how much can he earn? I think lot of people would be thinking that
@AbhinavSharma-yp3vx
@AbhinavSharma-yp3vx 3 жыл бұрын
Their couple is very similar to #PostingHappiness couple. They both should do a joint NRI video.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Its not advisable to start a new career.. will be better to stick to your strength 💪
@smile93
@smile93 3 жыл бұрын
@@Potatotalkies what if you don't have any.... Working in film industry here in a stinky soap opera as assist director???
@rohanutep81
@rohanutep81 3 жыл бұрын
@@smile93 continue doing that 🤣
@bishankalsi
@bishankalsi 3 жыл бұрын
Great video guys very valuable info for new buyers.. I am in Canada from last 7 years as an hotelier .. you guys are doing a great detailed info job.. keep it up .. stay safe.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊
@VikramKumar-bs5xu
@VikramKumar-bs5xu 3 жыл бұрын
Sir I am an Indian and I want to purchase a house in Canada . Is it possible that while living in India I am able to purchase a house in Canada . On tourist visa I can stay there or Rent it . Is it possible please reply sir .🙏 And lots of love from your own country (India)❤️❤️
@Potatotalkies
@Potatotalkies 3 жыл бұрын
You will incur 15% Non resident tax which is a lot.
@VikramKumar-bs5xu
@VikramKumar-bs5xu 3 жыл бұрын
@@Potatotalkies Sir if u can then make an informative video on this topic , because lots of people thinking about this thing .
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@VikramKumar-bs5xu hey Vikram, it doesn't make sense to buy on tourist visa.. there is no benefit at all.. no financing, no tax benefit... better off buying a property in india if you dont have a Canadian PR.
@VikramKumar-bs5xu
@VikramKumar-bs5xu 3 жыл бұрын
@@Potatotalkies Thanks for your valuable opinion 🙏💐💐💐💐💐💐
@vishwalakhlani5705
@vishwalakhlani5705 3 жыл бұрын
@potatotalkies can i ask you about immigration ?
@tutube14
@tutube14 3 жыл бұрын
I am based in Europe but still follow your videos of home buying in Canada because I like how you analyze and research and break the problem into parts...it is relevant everywhere :) thanks and keep going..!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 😊
@gamechanger9081
@gamechanger9081 3 жыл бұрын
Nice t shirts n hoodie gap. 😎😎😎😎
@tiktokaccount82
@tiktokaccount82 3 жыл бұрын
Good stuff ..but you guys are not adding up 2 years rental..assuming 2000 $ x 24 months= 48000 just on rent..I see sheer waste of money..rather I would suggest buy old property on 5% down or buy a condo...no investment since the day you landed..64000 + 48000$ ...and then you start accumulating another 64000..mistake done by all the newcomers..fear of bidding or whatever you say
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks.. I have a different view on this.. Buying a 630K house on 10% down is: $1400 principal - great $1100 interest - like rent $200 additional utilities - like rent $350 property tax - like rent $150 general repair - like rent Condo will have HOA - $500 - like rent Add this up and renting becomes equal to owning a house and spending all this money on things other than principal.. 😀 In long term, I agree 100% - you lose if you rent 👍
@tiktokaccount82
@tiktokaccount82 3 жыл бұрын
@@Potatotalkies bro , I am talking about 2021 funds equity you will get and you are talking about 2023...it's all about perspective..enjoy buddy😉
@IAmTheMainCharacter
@IAmTheMainCharacter 3 жыл бұрын
Hi Potato Talkies, I want to have a word with you but the phone a friend option on your website does not show any available slots. should I contact you via mail? here is zest: I want to get a job in Canada directly after passing out of Btech. I am an App developer and I am working on building my portfolio so I don't think getting an entry-level job would be that difficult.
@PriyanshuPatel19
@PriyanshuPatel19 3 жыл бұрын
Just go for diploma coz u will not get job easily as u don't have any experience. U can also enhance ur skills by it. By the way I also want to be a APP-DEV . I am in 10th , I am planning to go Canada for studies
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Hey, agree! Go for a Canadian diploma and then apply for PR
@PriyanshuPatel19
@PriyanshuPatel19 3 жыл бұрын
@@Potatotalkies Thx. can I get some advice about best city to study. And what language should I learn first. As of now I know only html and c
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@PriyanshuPatel19 depends on your age. Ontario and BC is good for most professions if you are under 30. Language - start with Javascript and then choose to go towards front end or backend. Follow the YT channel codercoder...
@catherinebabu6118
@catherinebabu6118 3 жыл бұрын
Hlo guys ....here Anyone hav any idea abt the salary of social worker in canada ?!!! Plz say
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Sorry... dont know but you can check glassdoor.com
@ankitverma9359
@ankitverma9359 3 жыл бұрын
GAP couple or Potato talkies
@timelapseaction6282
@timelapseaction6282 3 жыл бұрын
To sell on assignment is not easy anyways... normally the builders cant sell all the houses and towards the closing they will still have few left and also other people book houses to sell on assignment too. there is a lot of competition generally. also you would need to pay capital gain tax too. Also, if the house market crash near to your closing the bank will not lend you the full amount required and the gap would then need to come out of your pocket. pre-construction is more riskier than buying pre-owned house. pre-construction only makes sense if you have plenty of money sitting in your account to cover all the risks linked with it otherwise you need to be ready to loose it all. Anyways good luck with your house and hope all goes well with you guys.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 👍👍
@rubinamistry9338
@rubinamistry9338 3 жыл бұрын
Mene bolna hahaha omg ❤️👰
@inderjeetsinghailsinghani7609
@inderjeetsinghailsinghani7609 3 жыл бұрын
Agree to lot of stuff but take my words. If 2020 is known for health crisis, 2021 would known for economic crisis. I say with lot of data n research. One of the biggest risk which can trigger crisis is INFLATION. Housing in Canada is biggest bubble and has become most Vulnerable now considering household debts n economic forecast. So be ready for big correction which may take a lot of time before it peaks in Summer(opening up)
@ishitasingh5330
@ishitasingh5330 3 жыл бұрын
I think not housing is whole canada but in GTA.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Taken sir :) Completely own the risk 😀
@inderjeetsinghailsinghani7609
@inderjeetsinghailsinghani7609 3 жыл бұрын
@@Potatotalkies Sir mat boliye.. u folks actually have taught/shared to people a lot! We r friends nd jointly can contribute for d betterment of society. Best wishes!
@alwaysspecial5285
@alwaysspecial5285 3 жыл бұрын
He guys you are recently from India but GAP in N America means Gay and Proud ,not that there is anything wrong. LOL. That is why these jerseys are on sale all the time, but I guess new Canadians dont know.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
All the more reason we should be proud to wear it 😀
@ishitasingh5330
@ishitasingh5330 3 жыл бұрын
@@Potatotalkies this is a myth. Dont know who started it but this surely is not true. However it does not matter much
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@ishitasingh5330 exactly.. the word comes from generation gap btw.. meaning they make clothes for toddlers all the way to people in their 50s
@kartik5518
@kartik5518 3 жыл бұрын
Stay safe guys
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👍👍
@dr.rashmikumar3570
@dr.rashmikumar3570 3 жыл бұрын
Hi..I have a few questions.. Do you need a realtor for pre-sales ? Is mortgage approval mandatory prior to booking? Do you get any cash back ?
@Potatotalkies
@Potatotalkies 3 жыл бұрын
1. Yes, but not compulsary 2. Yes 3. Not always.
@dr.rashmikumar3570
@dr.rashmikumar3570 3 жыл бұрын
Thanks so much ..Infact most of these questions were answered in your previous video..Just watched that.
@nitinsuri597
@nitinsuri597 3 жыл бұрын
I have sent a msg to u on Instagram, possible can u reply
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Hey sorry - get more than 1000 messages a day there and unable to check all in the 1 hour I have in the morning :(
@Mrveeraman
@Mrveeraman 3 жыл бұрын
Veer kisan andolan bare vi bana lo video
@Abhijit_in_Canada
@Abhijit_in_Canada 3 жыл бұрын
Slowly 🐌 I am becoming fan of you guys. You both are Rockstars. Looking at you guys I am planning to migrate to canada 🇨🇦. Please can you share your email id as to I can get in touch with you and grab some knowledgeable information from you guys. And definitely looking at your this and last video 📹 I am also planning to buy a house with 20% down-payment. Looking for support from you guys . Cheers and keep rocking . Looking forward to see you as the best indo canadian couple you-tubers 💑.
@mittalanant91
@mittalanant91 3 жыл бұрын
"Hey Guys" i love the way u say this...... thanks for keep coming with new videos....
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 🤗🤗🤗
@mittalanant91
@mittalanant91 3 жыл бұрын
@@Potatotalkies it's been a long time since you did Q&A.... Please think on it... First weekend of 2021 is coming...
@ahmedraza5854
@ahmedraza5854 3 жыл бұрын
Hi everyone... I am an computer engineer with 5 years of experience. Can anyone guide me that i am eligible for canadian immigration through quebec province?? Thanks a lot.
@nirmitdave7837
@nirmitdave7837 3 жыл бұрын
Hii Just recently i have received the invitation for Application but my fund is not 60 days Old. Do i need to wait for Next draw or i can proceed with current draw ?
@SuperRakshit007
@SuperRakshit007 3 жыл бұрын
Super awesome series guys. My question is what if I am living and working here in Canada while my family is in India and I want to buy atleast a townhouse of a semi detached house. Is it feasible with me being the only earning person with the salary of around 70K per year? Obviously, I can save much more when living alone and can even pay upto 25 percent as down. But is it enough to convince the banks to lend me the mortgage? Are B-Lenders the only option with whom I can go with, as you guys mentioned that banks consider the employment status very seriously and the jobs in canada are not secured.
@hira.aatika
@hira.aatika 3 жыл бұрын
Hi I have a question. When you are already going to pay the entire price of the house, why pay mortgage after possession?? Sorry, I may sound stupid but don't know any of this..
@Potatotalkies
@Potatotalkies 3 жыл бұрын
You mean why don’t we start the mortgage now? If that’s the question, we will have to pay mortgage and rent which is a lot
@hira.aatika
@hira.aatika 3 жыл бұрын
I think I get it now. What i meant was, you won't be paying the full cost of the house beforehand.. thats why the mortgage...
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@hira.aatika hmm.. yes!
@kasirali1
@kasirali1 3 жыл бұрын
Thanks for your support and help ❤️
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👍👍
@TheJotir
@TheJotir 3 жыл бұрын
Very nice and elaborate risk mitigation thoughts. Very well put forward. However would like to mention that a lot of projects don't take off due to ANALYSIS PARALYSIS. Thought all the risks cannot be thought of, but, I feel that too much analysis is also a hinderance to the final decision. Overall excellently analysis and mutation thoughts. Keep it up.
@craftschool18
@craftschool18 3 жыл бұрын
Join karne ka faida
@nithio4
@nithio4 3 жыл бұрын
I don't think market will crash because if it is to crash it should have already crashed by this time
@sauravmdjr
@sauravmdjr 3 жыл бұрын
For resale house also, if one looses the job, then closing can't be done. So same risk
@abdulrazak2553
@abdulrazak2553 3 жыл бұрын
Can you recommend nice neighborhoods in Kitchener/Waterloo area ?
@kathitpatel2707
@kathitpatel2707 3 жыл бұрын
Paji Ghar to le liya ab naya business shuru karne ki khushkhabri Kab de rahe ho
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Soon :)
@mathaiaby
@mathaiaby 3 жыл бұрын
Hi the information provided was really worthwhile to watch. But i watched 2 times to understabd u guys were speaking... u guys talk too fast!!!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Sorry! Thanks 😀👍
@akshaykalenta
@akshaykalenta 3 жыл бұрын
Please share how you got job in hongkong ☺️
@sanjeevmathur8603
@sanjeevmathur8603 3 жыл бұрын
GAPotato Talkies, another good one. As you have done some research for 0 Pre built, do you know some projects that will give possession in late 2023 or 2024? If you have some research we can discuss offline
@Potatotalkies
@Potatotalkies 3 жыл бұрын
There aren't many that are launched right now.. usually open up from mid / end jan. We named a few builders in our last video.
@monikarani523
@monikarani523 3 жыл бұрын
Shree Radhe Shree Haridass Hit Hariwansh Vrindavan brsana radhe Krishna RadheShyam RadhaRaman RadhaVallabh Haridass
@mannslyf648
@mannslyf648 3 жыл бұрын
can we buy house in canada without PR
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Yes, but you will have to pay an additional 15% tax.
@mannslyf648
@mannslyf648 3 жыл бұрын
@@Potatotalkies thanks so i should wait for my PR
@DekhoAmericaKaisaAmerica
@DekhoAmericaKaisaAmerica 3 жыл бұрын
*Ha ha ha .. I love 💚💜💙 yr starting❗* ...
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀😀😀
@DekhoAmericaKaisaAmerica
@DekhoAmericaKaisaAmerica 3 жыл бұрын
@@Potatotalkies 😀😀 spread smiles 😃
@2512faraz
@2512faraz 3 жыл бұрын
Shouldn't the downpayment be already in the bank when applying for Mortgage? If so, what is the need behind saving more for payment? I say so, because I recently spoke with RBC and they said I must have the DP (20%) already in the bank if I want to apply for mortgage because this gives them the certainty that I will be able to pay when the closing of the house happens in 1-2yrs time.
@MrRahulBerry
@MrRahulBerry 3 жыл бұрын
You don't need DP funds, you need them before closing. The bank will pre-approve a certain mortgage amount based on many variables.
@reemabhise5406
@reemabhise5406 3 жыл бұрын
Hello ❤️ly couple, You guys summed up the possibilities of error very well. And you guys have prepared really well in case of any setbacks... I wish you all the luck with your jobs, everything will go as planned and your hardwork will definitely pay off... 🎉 Thank you for all the insights 😇
@Potatotalkies
@Potatotalkies 3 жыл бұрын
🤗🤗🤗
@apnacanada193
@apnacanada193 3 жыл бұрын
I think you have done excellent evaluation and made a very good long term decision Which lot of new immigrants are hesitant to do . That show your positive outlook at the future. Everything has risk. So long as you donot loose your sleep over it you will always be on the right side. Bravo.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀👍
@NavjotMakkar
@NavjotMakkar 3 жыл бұрын
Hello Navjot and Simran, a very happy new year and congratulations on your new house. I wish everything goes smoothly and you guys get your house without any hassle. I am also planning to come to Canada as a student in 2022. My question is for Simran di as she is a Software developer (me too), how does the future of IT looks like to you in Canada? Also what are some major skills are in demand like machine learning, react, java, etc.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
All those you mentioned are in demand.. IT in general will be good in future as more business move online. Plus cybersecurity, data science and digital marketing... its going to be great!
@kumarthakkar2184
@kumarthakkar2184 3 жыл бұрын
Such informative and thoroughly researched videos. @ thumbs down guys... Please don't watch if you can not appreciate the good work of this great couple.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 🤗
@gursahibsingh867
@gursahibsingh867 3 жыл бұрын
Great tips and awesome video...but seriously I don't get what is your obsession with 'GAP'. Is GAP paying you guys . LOL
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Haha.. hate shopping and deciding what to wear.. so shopped in 1 shop, all at once, just different colors.. makes life so much easier 😅
@anildaita
@anildaita 3 жыл бұрын
Non banks are not B lenders. A lending or B lending depends on one’s credit profile. EQ, MCAP have better interest rates vs banks with similar products!! Great video to conclude precon!!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
🙂👍
@Ankit_ness
@Ankit_ness 3 жыл бұрын
Thanks for such detailed information , this has helped me so much to understand as a newcomer what to look for while buying the house. I live in Calgary & work in IT, seems areas near Toronto should be good idea to buy house. If you plan to make some video on what other areas are good to look for other than Kitchener, it will help a lot. The way you do detailed presentation and explanation is amazing, keep doing the good work and btw i have subscribed :-)
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😀 will make a few
@rajatpratapsingh767
@rajatpratapsingh767 3 жыл бұрын
You guys could have been excellent instructor/teachers also . House buying is a messy space . you know how to simplify and how much information should be catered to the audiences. Kudos !
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 😊
@Wander_with_shivam_
@Wander_with_shivam_ 3 жыл бұрын
Hey guys will you give your basement on rent to your subscribers when you own the house? 😃😃
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Haha.. 😀🤗 Aap saath vala ghar khareedna sir
@manidayal2006
@manidayal2006 3 жыл бұрын
i think you guys have checked all the boxes , everything will be fine . hope in the floor plan rooms are mostly square or rectangle as that's one mistake we did when we bought our first home on paper where one of the room was odd shaped and was not best use of space .. all the best to you both!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 😊
@AbhinavSharma-yp3vx
@AbhinavSharma-yp3vx 3 жыл бұрын
Your couple is very similar to #PostingHappiness couple. You both should do a joint NRI video. - love from you big fan ❤️
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 🤗
@sajjadgolfer
@sajjadgolfer 3 жыл бұрын
Can u plz tell me the Builder name cos I am looking to buy a house but I am loosing in bidding people's are paying over pricing and and dont want to do that . Tnx
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Ours is heathwood homes
@catwalk1470
@catwalk1470 3 жыл бұрын
Sister - Please make a Video on which Banks are giving 1% or 1.3% Interest Rate.. Thank you !! 👍👍
@canadianjatti
@canadianjatti 3 жыл бұрын
this is available on google. HSBC is one of them. Keep in mind those rates are usually for people that have less than 20% down payment
@raminderjeetsingh4846
@raminderjeetsingh4846 3 жыл бұрын
Its good to see that you have started wearing turban in your videos ..... pajjo tussi great ho 😅😅😅
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀👍
@ZeeMan2.0
@ZeeMan2.0 3 жыл бұрын
Great video ....maza a gya .....wish me aaj meri ingagement hai 💟💟💕
@vijaynathji4740
@vijaynathji4740 3 жыл бұрын
Congratulations
@ZeeMan2.0
@ZeeMan2.0 3 жыл бұрын
@@vijaynathji4740 Thank you sir
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Oh wow... congrats Zeeshan 😀👍
@ZeeMan2.0
@ZeeMan2.0 3 жыл бұрын
@@Potatotalkies 😇
@pankajguglani1988
@pankajguglani1988 3 жыл бұрын
👍🙏👍🙏
@myurdupoetry
@myurdupoetry 3 жыл бұрын
I think Ap logo ko vlog channel alag or learning channel alag hona chahie
@sumitmane6667
@sumitmane6667 3 жыл бұрын
You both always give best information on your experience
@Potatotalkies
@Potatotalkies 3 жыл бұрын
🤗🤗
@swatidubey533
@swatidubey533 3 жыл бұрын
Hello pls help me dear
@Potatotalkies
@Potatotalkies 3 жыл бұрын
How?
@swatidubey533
@swatidubey533 3 жыл бұрын
@@Potatotalkies my brother in law already settled in Canada and we want to settle in Canada for our baby future my and my hubby age 33 and we both have graduate degree and I want to study in Canada and he wants to work there could u pls help us can we talk on call.... We need your advise sir and mm hopefully u understand
@craftschool18
@craftschool18 3 жыл бұрын
What would u give
@maksuraj5444
@maksuraj5444 3 жыл бұрын
Which city or PROVINCE you are from ?? ,😂
@canadianjatti
@canadianjatti 3 жыл бұрын
they live in Ontario
@janoo2003
@janoo2003 3 жыл бұрын
Hi.. Watch your most videos. 1 question as you told your monthly payment ll be 2300 cad. When this repayment going to start? After possession? You told in last video you signed some cheques for ?
@canadianjatti
@canadianjatti 3 жыл бұрын
starts at closing (when you take possession)
@janoo2003
@janoo2003 3 жыл бұрын
@@canadianjatti thanks
@akshaykumarsubudhi
@akshaykumarsubudhi 3 жыл бұрын
You guys are twinning fabulously.. Keep up
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😀
@immi85
@immi85 3 жыл бұрын
Red suites you👍
@swapnagopipalamaner5862
@swapnagopipalamaner5862 3 жыл бұрын
Very helpful & informative.😀👌
@swapnagopipalamaner5862
@swapnagopipalamaner5862 3 жыл бұрын
😊👍
@swapnagopipalamaner5862
@swapnagopipalamaner5862 3 жыл бұрын
Happy New Year 2021 to u all.🎊🎉🎊🎉
@swapnagopipalamaner5862
@swapnagopipalamaner5862 3 жыл бұрын
😊👍
@HarpreetKaur-nt7kn
@HarpreetKaur-nt7kn 3 жыл бұрын
Hi guys. Great video. Good job . Good luck.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👍👍
@vivek_khadse
@vivek_khadse 3 жыл бұрын
Very informative and helpful.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👍👍
@hellohihwru
@hellohihwru 3 жыл бұрын
Hey Guys , How did you checked builders review and track record . Generic google is fine , wanted to know any specific sites if possible . Thanks
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Hey, we discussed a lot of this in the last video... we didn't rely on just web search.. fortunately we met a person who bought from them 5 years ago... and later talked to another who bought in phase 1 of the one that we bought... its about going there physically and be sure of what you getting into.
@hellohihwru
@hellohihwru 3 жыл бұрын
@@Potatotalkies thats good that you got personalise review . Will check your last few videos out . And congratulations for your house . I have finalised a 2 +2 condo recently in mississauga . Thanks for your guidance through videos . Best wishes for future . :-)
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